CFTC to Host Cryptocurrency CEO Forum to Discuss Digital Asset Market Pilot Program

On November 20th, based on market data, Nvidia (NVDA.O) witnessed a continuous upward trend in pre-market trading. Currently, it has increased by 5.71% and the stock price is $197.15. Nvidia CEO Jensen Huang addressed market concerns about an AI bubble by stating, "I have not witnessed an artificial intelligence bubble." This morning, Nvidia announced a revenue of $57 billion for the Q3 of the 2026 fiscal year. In the same period last year, the revenue was $35.082 billion. The market had expected $54.923 billion.

On November 20th, at the Saudi Investment Forum, Trump engaged in a conversation with Treasury Secretary Besent regarding Fed Chair Powell. In a sarcastic tone, he said, "Well, my point, Besent. You truly need to handle this matter regarding this guy. There is undoubtedly something amiss with him. No, he is definitely off track. Frankly speaking, I have a strong desire to fire him. This individual is completely incompetent, and he should be sued for constructing a small building at a cost of 4 billion dollars. The interest rates are too high, Besent. If you do not address this issue promptly, I will fire you. Do you understand?" It should be noted that U.S. Treasury Secretary Besent had previously advised Trump to retain Powell in office until the end of his term, while Commerce Secretary Howard Ludnick "leans more towards the idea of firing" Powell. Fed Chair Powell's term is scheduled to expire on May 15, 2026.

On November 20th, Binance has postponed the listing of the GAIB USDT perpetual contract. The specific launch time will be announced later. Previously, Binance's contract was scheduled to list the GAIBUSDT perpetual contract at 17:00 on November 20th with a maximum leverage of 40x.

November 20th: An official from the U.S. Department of Energy disclosed that U.S. President Trump intends to introduce a plan named the "Genesis Mission" in an executive order that will be signed next week. The objective of this plan is to promote the development of the U.S. in the field of artificial intelligence. Carl Kukkonen, the Chief of Staff at the U.S. Department of Energy, stated that this action is intended to show that the Trump administration views the upcoming AI competition as significant as the "Manhattan Project" or the space race. Kukkonen indicated that this executive order may require U.S. national laboratories to conduct more research on emerging AI technologies and may involve public-private partnerships. (Golden Finance) Earlier today, it was reported that U.S. President Trump is also contemplating signing an executive order as early as Friday to grant the federal government unilateral authority to regulate artificial intelligence. This includes establishing an "

On November 20th, Researcher Adam from Greeks.live pointed out that the overall market sentiment remains bearish, and there is a divergence regarding whether the bottom has been formed. Traders are closely observing the key support levels of $2800 to $2900 for ETH and $90,000 for BTC. The core disagreement focuses on whether the current levels have already reached the bottom.

On November 20th, according to Alternative Data, the Fear and Greed Index of cryptocurrencies today has once again decreased to 11 (compared to 15 yesterday), and the market sentiment still remains in a state of "extreme fear." The index averaged 15 last week and 34 last month. Note: The Fear and Greed Index ranges from 0 to 100 and includes the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance (10%) + Google Trends (10%).